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Famed Parkland Likely to Find Better Use

DALLAS—The former med center carries an existing zoning designation of mixed-use district 3, which allows for substantial flexibility and the highest density classification outside of the CBD, pointing to redevelopment.

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Parkland disposition This 50s-era Parkland building is well known in US history.

DALLAS—A piece of history is likely to find a higher and better use due to obsolesce, according to brokers involved in the marketing of the former Parkland Memorial Hospital. Indeed, the property carries an existing zoning designation of mixed-use district 3, which allows for substantial flexibility and the highest density classification outside of the Central Business District. This makes a redevelopment opportunity more likely than a reuse proposal.

Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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